In a major fillip to Make in India and Atmanirbhar Bharat, Japanese carmaker Honda Cars will be selling Made In India cars to Western countries
Bengaluru: In a major fillip to Make in India and Atmanirbhar Bharat, Japanese carmaker Honda Cars has determined to turn its Indian factories as a strategic hub for exports, as reported by Times of India.
The website added that the company had earlier refused to focus on exporting cars manufactured at its Indian plants has now turned it into an integral part of its operations. It plans to initiate exports to left-hand driving nations in the West for the first time since the company began operations in India.
How it works out:
The company will export Indian made City sedans to the Western nations. This would open newer markets for Honda's made in India cars, with the company's India-made entry-level sedan Amaze and WR-V already being exported to South Africa and neighbouring nations.
The company has an installed capacity of 2.8 lakh units in India, with two plants in Uttar Pradesh's Greater Noida and Rajasthan's Tapukara.
This should come as a boon for the domestic markets in India as they have suffered badly owing to the pandemic.
Read Exclusive COVID-19 Coronavirus News updates, at MyNation.